Question

5. A dealer allows a discount of 25% on the marked
price. How much must he mark his goods above
the cost price to make a profit of 20%?​

Answer 1

Answer:

Let cost price be x

and marked price be y

⇒ selling price = y−

100

25y

=

4

3y

Profit %=

C.P

S.P−C.P

×100

100

20

=

x

4

3y

−x

⇒

5

x

=

4

3y

−x

⇒

5

6x

=

4

3y

⇒

x

y

=

5

8

⇒ M.P should be

5

8

of C.P